Tue.Mar 21, 2023

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Contract vs spot markets: How to navigate shifting freight landscape

FreightWaves SONAR

On the surface, transportation is a contract-driven industry. As shippers (think consumer packaged goods or food and beverage companies) and carriers both know, however, even the best-negotiated contracts are capable of failing in the face of freight market volatility. That’s where the spot market comes into play. Contract and spot rates move in tandem with each other.

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Should Your Warehouse Fulfillment Network Include Multiple DCs?

Amware Logistics and Fulfillment

Online sellers continue to struggle with how many warehouses they need to keep customers happy, while controlling overall product distribution costs. The size of your fulfillment warehouse network depends on a number of factors, including the uniqueness of your product. Amware CEO, Harry Drajpuch, addresses this question in this short video clip.

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Trucking giant Knight-Swift acquiring U.S. Xpress

Commercial Carrier Journal

The transaction has already been approved by both companies and is expected to close in the late second or early third quarter of this year. U.S. Xpress will continue to operate as an independent brand.

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DSV announces acquisitions of S&M Moving Systems West and Global Diversity Logistics

Logistics Management

DSV said that the objective of these acquisitions are three-fold: to augment its position within the semiconductor industry; align with its new Phoenix-Mesa Gateway Airport operations; and support its growing cross-border services into Latin America. It added that these acquisitions are expected to be made official next month.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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Logistics Outsourcing Tender – How Many Suppliers to Invite?

Logistics Bureau

This is a really common question. How many Suppliers should you include in your Logistics Outsourcing tender? View the entire video to discover the answer !

More Trending

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Detroit Mobilizes Fully Electric Vehicle Fleet for Municipal Parking Department

NGT News

The Municipal Parking Department has become the first city department to fully convert its fleet to all electric, says Detroit Mayor Mike Duggan. Last year, DDOT unveiled its first four all-electric buses; the city now has over 250 electric and hybrid vehicles in the fleet. 48 new Chevy Bolt EVs and 25 on-site Level 2 […] The post Detroit Mobilizes Fully Electric Vehicle Fleet for Municipal Parking Department appeared first on NGT News.

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ATA reports February truck tonnage increase

Logistics Management

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for February, came in at 118.4 (2015=100), for a 1.2% increase, over January’s 117 reading.

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Forward, Kodiak Robotics Achieve Consistent Autonomous Trucking Service Between Dallas, Atlanta

NGT News

Kodiak Robotics Inc., a self-driving trucking company, has signed a dedicated agreement with Forward Air Corporation (Forward), an asset-light provider of transportation services across the United States, Canada and Mexico. Through this agreement, Kodiak and Forward are operating autonomous freight service 24 hours per day, six days per week (24/6) between Dallas and Atlanta, making […] The post Forward, Kodiak Robotics Achieve Consistent Autonomous Trucking Service Between Dallas, Atlanta

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More than 150 companies participate in the 2023 MHI Innovation Awards

Logistics Management

Four finalists were chosen as the most innovative products in each of their respective categories: Best New Innovation, Best Innovation of an Existing Product, and Best IT Innovation based on concept, value, and impact.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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2022's biggest, baddest jobs by heavy-specialized carriers

Overdrive Online

How's 250' tall, 190' long and 150' wide sound? That's just one of the four complex moves highlighted recently as part of the Specialized Carriers & Rigging Association's annual Hauling Jobs of the Year program. 2023 winners will be announced next month.

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National diesel average falls 6.2 cents, to $4.185, reports EIA

Logistics Management

The national average decreased 6.2 cents, to $4.185, following a 3.5-cent decline, to $4.247, for the week of March 13.

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How Suppliers Can Overcome E-Commerce Supply Chain Challenges

Supply Chain Brain

B2B suppliers are consistently failing to fulfill the needs of their customers.

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ATA has ‘grave concerns’ that EPA may allow California-type air quality rules on heavy trucks

Logistics Management

The American Trucking Associations (ATA) expressed what it called its “grave concerns” about media reports that the Environmental Protection Agency (EPA) may be on the verge of granting the state of California waivers to implement potentially harmful and unrealistic emissions rules on the industry. Under California rules, new Class 8 heavy truck models would be zero-emission next year.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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What is Nearshoring and Friendshoring?

Blue Grace Logistics

What is Nearshoring and Friendshoring? Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search Dana Ricksecker - March 21, 2023 A stressed supply chain is making businesses reconsider alternatives. Find out if nearshoring and friendshoring are good options for your business. What’s in the article: What nearshoring is What friendshoring is The benefits and challenges of nearshoring and friendshoring The global supply chain has been stressed

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Supply Chain Risk Management: Top 5 Supply Chain Risks to Watch Out For

3PL Links

Image Source: Lokad | Supply Chain Risk Management: Top 5 Supply Chain Risks to Watch Out For Any action—or lack thereof—can cause a business to go out of business in this time of bleak future prospects. For instance, more than 41% businesses shut their doors when the coronavirus outbreak began in Canada. Naturally, each company has its own difficulties and risks because it caters to a particular market.

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CSX’s New CEO Has a Big Idea for Railroads: Carry More Freight

Supply Chain Brain

Hinrichs said his desire to shake things up at 195-year-old CSX is about capturing the lost opportunity to increase shipments over the past decade and a half.

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Oceaneering Increases Manufacturing Capacity

Logistics Business Magazine

Oceaneering’s Mobile Robotics group has added an extra production campus in Orlando, Florida. The location allows the Mobile Robotics team to expand their capabilities to support future growth. The campus, also home to Oceaneering Entertainment Systems, offers 238,000 sq ft of space dedicated to the assembly, integration, and acceptance testing of its mobile robot systems.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Watch: Warehousing Is at the Forefront of Innovation

Supply Chain Brain

If any aspect of supply chain is innovative and ever-changing, it's warehousing. Kaitlin Peterson, senior director of product marketing at Locus Robotics, discusses exciting trends in the industry.

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CoEvolution Makes ProMat Debut

Logistics Business Magazine

Multi-robot orchestration software specialist CoEvolution Technology has launched its products onto the US stage and is now seeking partners in North America. As part of its first appearance at the ProMat industry trade show in Chicago this year, CoEvolution has been showcasing its multi-robot orchestration software solutions. CoEvolution’s core technology is AI-powered software that can control different types of robots and coordinate them seamlessly, so they operate as a homogenous fleet.

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Logistics Visibility: What to Expect from a TMS

MercuryGate

Logistics visibility is essential in supply chain management because shippers need a full view of data gathered across their network for the best insights and decision-making. While different parts of the supply chain and associated data can be disconnected, incompatible, and not accessible, a transportation management system (TMS) solves these problems and provides the logistics visibility you need.

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How To Start a Pet-Sitting Business

WorkWave

Time To Read: 5 minutes Are you considering starting a pet-sitting business? From developing your business plan to marketing strategies and pricing your services, there is much to consider when beginning this journey. Join us as we take a deep dive into how to start a pet-sitting business. Table of Contents [Open] [Close] Business Plan Marketing Strategies Services Offered Equipment and Supplies Needed Legal Considerations FAQs About How To Start a Pet-Sitting Business Final Thoughts: How To Sta

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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A Guide to Optimizing Your Inbound Freight Management 

GoShip Blog

Freight is one of the most critical parts of a product-based industry. Materials, machinery, and other physical goods are all delivered through freight services, whether it is in-house or through third-party logistics. Manufacturers often rely on inbound freight to transport all the materials and machinery they need to produce their products. This is why your inbound freight management must be smooth and foolproof.

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Demand For Restaurant and Food Delivery Software On The Rise!

Loginext

This article is a comprehensive guide to help you understand the benefits of using food delivery software. It includes the ideal features of a restaurant food delivery software that customers are looking for that are essential to make a successful food delivery platform. The post Demand For Restaurant and Food Delivery Software On The Rise! appeared first on loginextsolutions.com.

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Packsize Collaborates with Walmart over Right-Sized Packaging

Logistics Business Magazine

Packsize, a market leader in sustainable right-sized packaging on demand, has unveiled the Ultra5, a right-sized, on-demand box machine built around its recently announced X5 technology. The Ultra5 was built exclusively for Walmart and has already been installed in multiple fulfilment centres including the first of Walmart’s next-generation FCs. As is the case with Packsize’s X5 machine, the Ultra5 can produce up to 600 boxes per hour, and provides the highest packaging throughput in the industr

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Produce Shortages Drive Surprise Jump in UK Inflation

Supply Chain Brain

Tomatoes, peppers and cucumbers were among the goods affected as extreme weather in Spain and North Africa impacted harvests, and high energy prices hit growers in the U.K.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Setlog Joins Forces with Shippeo

Logistics Business Magazine

Setlog’s Supply Chain Management (SCM) specialists will join forces with Shippeo’s transportation tracking experts to give Setlog customers an optimiszed Carrier Booking module that will enable them to track their shipments in real-time. In addition, they will receive exact information on the estimated and actual time of arrival of their shipments (Estimated Time of Arrival, ETA, and Actual Time of Arrival, ATA).

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Essentials From Trucker Path Bundles Key Solutions

Supply Chain Brain

Combined ELD, load board, dispatching portal and truck navigation seeks to address core needs of small- to mid-sized trucking companies at an affordable price.

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Introducing ShipFlex: For Intelligent, Flexible, and Fast Deliveries

Locus

Businesses eager to scale their operations beyond their immediate locality must reach customers that shop from the comfort of their homes. Apart from competitive prices and wide product selection, consumers also have steep expectations around the post purchase experience. Given that a majority of businesses do not own their own captive fleet, this is why it is crucial to find the right third-party delivery provider who can deliver at desirable service levels, provide top notch post-purchase expe